Scimplify raises $25M to use AI for critical material production, challenging China's supply dominance

Indian startup Scimplify secured $25 million in an all-equity strategic round led by Hitachi Ventures, valuing the Bengaluru-based company at $250 million. Scimplify uses its proprietary AI platform, Scinode, to accelerate the development of specialty chemicals and critical materials for sectors like semiconductors, defense, and energy. The platform reduces the typical 12 to 18-month material development cycle to just two months. Currently, about 90% of its manufacturing occurs in India, and the company plans to expand its production network to the U.S. and Japan.